We understand it’s an extremely exciting time purchasing and building your first house, nevertheless, it does not constantly end up that like that for many first time house buyers.
Too many times we see individuals losing hundreds of thousands of their hard earned money on a new house & land package due to the fact that they thought they were getting themselves a great deal.
However remember, if it sounds too good to be real, it usually is!
See, some Companies ‘hide’ their extra costs and do not offer you fixed upfront ‘costs’. Meaning that ‘quote’ they just provided you, will most absolutely NOT be the total cost you need to pay.
Which’s when you should be asking yourself, why?
If you’re being offered any house and land packages that are 10s of thousands of dollars less expensive than other similar homes you‘ve looked at … there is most likely a great reason why.
Most of the time it’s due to the fact that you’re losing out on extras that need to actually come as standard (and they’ll be making you pay for them later), or you’re going to be paying extra for ‘site costs’ so the home builder can make up their original price gap.
We hear a lot of horror stories from first house buyers that get a little bit too excited and unfortunately didn’t do adequate due diligence before parting with their hard-earned money.
Rahul was among them. He came to us after using his whole $25,000 deposit to lock in a block of land that no builder wished to construct a house on (plus the worst part was, he thought he ‘d got himself a cheap price, however he ‘d in fact paid more than what it was worth and truly didn’t require to hand over a 10% deposit either).
Sara, unfortunately, came to us after she ‘d already signed contracts with a well known builder and paid her deposit, only to later be hit with an extra $35,000 in ‘unanticipated’ costs (for items she thought were included in the initial quote) and had no thought of how she ‘d pay for them.
Luckily, with Rahul, among our new house build experts had the ability to help him discover a home builder that specialised in working on smaller narrow blocks of land and wasn’t going to charge him a fortune to do so.
But, with Sara, it was far too late. Beginning once again with another Company and losing the deposit she had actually previously paid wasn’t an alternative. So she wound up needing to borrow the extra $35,000 from her parents and chalk it up to one of those lifes lessons.
Rahul and Sara are just some of the numerous first house buyers that discover themselves in a truly stressful scenario due to the fact that they‘ve decided (and parted with a lot of savings) without having all the details and help from experts, that they required.
And we honestly do not wish that to happen to you!
That’s why we started the First Home Buyer Accelerator to assist first-time purchasers through the whole procedure so you do not make any of the pricey and common errors we see far frequently.
It’s their role to ask all of those concerns that Rahul and Sara should have asked. It’s their role to locate you the very best deal and it’s their role to make certain you move into your first house pleased and proud.
Imagine having comfort that when you do locate your best first house, you understand you’re making the right decision.
In just a quick 10 minute call, you’ll get to speak with one of our experts before you deciding you might later regret and you’ll also find out instantly if you receive assistance finding, purchasing and building your new first house.
Get access to thousands of dollars in free help so you can buy, build, and move into your first home faster and with more money left in your pocket.